Swift code Bank of India

Remittance is made when conversion of currency is involved. It is made as per the prevailing rate on the date of transmission. Conversion is made at the paying center at the rate on the date of payment. Swift code Bank of India provides remittances through demand drafts, ordinary mail transfer (in that case the beneficiary should have an account with the Bank of India), express mail transfer and wire transfer.

Remittances are made in:

• INR, USD, GBP, EURO, JPY etc.
• Charges for rupee demand draft to be accounted with the bank branches are nil.
• Charges for demand draft to any other bank account are USD 10.00
• Charges for demand draft in any other currencies are USD 20.00

To get the swift code Bank of India user needs to download the application form from the website of the bank, fill it properly and submit it with the required documents. The forms are also available at the bank branches.

Below given are the lists of codes of correspondent banks of swift code Bank of India:

NRIs may instruct their banker to transfer by SWIFT funds for credit of your account as under:-

i.) USD - to Bank of New York, New York (SWIFT Code : IRVTUS3N) account No. 802-611-5265 of Bank of India, New York for ultimate credit to account No. 00033-44556 of Bank of India, Mumbai NRI Branch (SWIFT code BKID IN BBNRI)

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